Prodigy Gold Strikes High-Grade Gold at Tregony: What’s Next?
Prodigy Gold reports strong gold intercepts from its 2025 drilling at the Tregony Deposit, setting the stage for an updated resource estimate and potential expansion in 2026.
- 8-hole RC drilling program returns significant high-grade gold intercepts
- Notable intercepts include 7m at 14.1g/t Au and 3m at 29.4g/t Au
- Diamond drilling completed with assays pending, supporting structural insights
- Plans underway to update the Tregony Mineral Resource Estimate in early 2026
- Tregony remains a key growth asset within Prodigy Gold’s Tanami North portfolio
Strong Results from 2025 Drilling Program
Prodigy Gold NL has announced encouraging results from its recent reverse circulation (RC) drilling campaign at the Tregony Gold Deposit, part of its Tanami North Project in the Northern Territory. The eight-hole program, completed over 762 metres, delivered several high-grade gold intercepts, including a standout 7 metres at 14.1 grams per tonne (g/t) gold and a 3-metre interval grading 29.4 g/t. These results build on the company’s earlier successes at the nearby Hyperion Deposit and reinforce Tregony’s potential as a significant resource.
Geological Context and Exploration Strategy
The Tregony Deposit lies within the Suplejack Shear Zone, a structurally controlled corridor hosting stacked quartz vein mineralisation within sedimentary rocks. Prodigy Gold’s drilling targeted extensions to the existing mineral resource and aimed to add confidence to the current geological model. The shallow nature of the mineralisation, with significant intercepts occurring at depths as little as 39 metres, highlights the prospect for near-surface resource growth that could facilitate future development.
Next Steps, Resource Update and Further Drilling
Following the receipt of these RC results, Prodigy Gold is preparing to update the Tregony Mineral Resource Estimate, incorporating data from both the recent drilling and the completed diamond drilling program. The diamond core, currently being logged and sampled, is expected to provide critical structural and metallurgical insights. Management has indicated that further drilling may be planned in 2026, contingent on the outcomes of the resource update and ongoing geological interpretation.
Strategic Importance Within Tanami North
Tregony, alongside Hyperion, forms a cornerstone of Prodigy Gold’s exploration and development strategy in the Tanami North region. The company’s Managing Director, Mark Edwards, emphasised the deposit’s coherent, high-grade gold system and its open-ended potential along strike and at depth. This positions Tregony as a key growth opportunity within a portfolio that already hosts over one million ounces of mineral resources.
Broader Context and Market Implications
Prodigy Gold’s ongoing work in the Tanami region aligns with a broader trend of resource expansion and exploration success in one of Australia’s premier gold provinces. The company’s methodical approach, combining RC and diamond drilling with rigorous assay verification, underscores its commitment to advancing these assets responsibly and efficiently. Investors will be watching closely for the updated resource figures and any indications of accelerated development plans.
Bottom Line?
Tregony’s promising drill results set the stage for a resource upgrade that could reshape Prodigy Gold’s growth trajectory in 2026.
Questions in the middle?
- How will the pending diamond drilling assays influence the updated resource estimate?
- What are the timelines and scale for potential follow-up drilling at Tregony?
- Could these high-grade intercepts accelerate plans for mining development in the Tanami North Project?
